Africa
Angola May Request Review of Its Crude Oil Production Quota, Minister Says Angola may request a review of its
oil-production quota, the country’s Oil Minister Jose Maria
Botelho de Vasconcelos said today.
South African Central Bank Criticizes Shareholders Driven by Profit Motive South Africa’s central bank said a
small group of its shareholders is acting against the interests
of the nation’s economy in trying to make a profit from holding
stock in the company.
Consumer Confidence in South Africa Improves for Second Straight Quarter South African consumer confidence
rose for a second consecutive quarter as the economy’s recovery
from its first recession in 17 years strengthened.
South African Stocks Advance: Adcock, Anglo American, EOH, Pallinghurst South Africa’s FTSE/JSE Africa All
Share Index gained 75.62, or 0.3 percent, to 28,180.49 at 10:02
a.m. in Johannesburg,
IMF Raises Economic Growth Forecast for Kenya to `More Than 4 Percent' The International Monetary Fund
said it raised its economic growth forecast for Kenya to more
than 4 percent after good rains at the start of the March-May
rainy season improved the outlook for agricultural production.
Botswana Pula May Weaken to 6.88 Versus Dollar in 2010, Standard Bank Says Botswana’s pula may weaken to
average 6.88 per dollar this year and to 7.23 against the U.S.
currency in 2011 to maintain the nation’s export
competitiveness, Standard Bank Group Ltd. economist Jan Duvenage
said in an e-mailed report today.
AngloGold to Restart Moab Khotsong Once Training Completed at End of Week AngloGold Ashanti Ltd. is aiming to
complete the required safety training at its Moab Khotsong mine
in South Africa by the end of the week and hopes to resume
production “shortly after.”
Intel Unit May Double Africa, Middle East Investments to Tap Faster Growth The European division of Intel
Corp.’s venture capital arm may double the share of its
investments in Africa, the Middle East, and eastern Europe to
tap rising economic growth and innovation.
Eskom Sees South African Power Demand to Returning to 2007 Level This Year Eskom Ltd., South Africa’s power
utility, expects power demand to return to 2007 levels this
year, its customer network Chief Executive Officer Erica Johnson
said in Johannesburg today.
Adcock Ingram to Sell 13% Stake to Black Investors Groups by End of April Adcock Ingram Holdings Ltd., South
Africa’s largest over-the-counter drugs company, said it will
sell a 13 percent stake in the company to black investor groups
by the end of April.
Nigeria Planning to Hold a Presidential Vote on Jan. 22 or April 23, 2011 Nigeria may hold presidential
elections on Jan. 22 or on April 23 next year, depending on
whether progress is made on changes to the country’s voting
laws, the Independent National Electoral Commission said.
Battle Against AIDS to Target Laws Against Homosexuality, UN's Sidibe Says The battle against AIDS will
include a push to overturn laws that criminalize homosexuality
in 85 nations, said the head of the coalition of United Nations
agencies formed to fight the disease.
South African President Zuma Available For Second Term, Business Day Says South African President Jacob Zuma
would “never defy” his organisation should it nominate him for
a second term as party president, Business Day reported, citing
an interview with Zuma.
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